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nent CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Your answer ls incorrect. Try again. Umatilla Bank and Trust is considering giving Blossom Company

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nent CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Your answer ls incorrect. Try again. Umatilla Bank and Trust is considering giving Blossom Company a loan. Before doing so, it decides that further discussions with Blossom Company's accountant may be desirable. One area of particular concern is the Inventory account, which has a year-end balance of $250,820. Discussions with the accountant reveal the following. on December 28. The goods are not expected to reach Hemlock until January 1. Blossom Company sold goods costing $54,230 to Hemlock Company FOB shipping point 2. The physical count of the inventory did not include goods costing $91,590 that were shipped to Blossom Company FOS destination on December 27 and were stil in 3. Blossom Company received goods costing $24,420 on January 2. The goods were shipped FOB shipping point on December 26 by Yanice Co. The goods were not 4. Blossom Company sold goods costing $56,030 to Ehler of Canada 5. Blossom Company recelved goods costing $39,190 on January 2 that were shipped Fos destination on December 12. The goods were not included in the physical inventory because they were not in the warehouse. transit at year-end included in the physical count. included in Blossom Company physical inventory to arrive FOB destination on December 30. The goods were received in Canada on January 8. They were not 29. The shipment was a rush order that was supposed December 31. This purchase was included in the ending inventory of $250,820. Determine the correct inventory amount on December 31. The correct inventory amount on December 31 O: ADPLIED SKILLS By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 1 of 3 used saVE FOR LATE

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